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RailAmerica, Inc., based in Jacksonville, Florida, was a holding company of a number of short-line railroads and regional railroads in the United States and Canada. In 2007, RailAmerica was acquired by Fortress Investment Group. Before that, it traded on the New York Stock Exchange with the ticker symbol RRA. [2]
In November 1996, the Gettysburg Railway company was created to operate the Gettysburg Railroad, which had been purchased by RailAmerica's Delaware Valley Railroad Company for $1,075,000. [ 1 ] [ 2 ] [ 3 ] The GBRY operated their own freight and tourist trains using their own equipment, including two Ex- Milwaukee Road F7’s from Dakota Rail .
On July 23, 2012, Genesee & Wyoming Inc. announced that it intended to purchase RailAmerica in a deal valued at $1.39 billion. [4] [5] Approval of the purchase was granted by the U.S. Surface Transportation Board on December 19, 2012. [6] On September 18, 2018, operation of most of the Hagersville sub returned to CN. [7]
The railroad also offers a week-long itinerary that showcases the best of winter in Alaska, where you'll enjoy a guided sled dog tour with an Iditarod champion kennel and a viewing of the Northern ...
Shares of RailAmerica (NYS: RA) hit a 52-week high yesterday. Let's look at how the company got here and whether clear skies are ahead. How it got hereRailAmerica has rocketed higher this year ...
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Companies owned by RailAmerica as of the Genesee & Wyoming Inc. acquisition in December 2012 have been owned by G&W. Pages in category "RailAmerica" The following 59 pages are in this category, out of 59 total.
The 10-second takeawayFor the quarter ended Dec. 31 (Q4), RailAmerica beat slightly on revenues and beat expectations on earnings per share. Compared to RailAmerica Beats Estimates on Top and ...